CHANGES IN CHEQUES TO MEET NEW CPA 2007 COMPLIANCE:
is provided in the shape of boxes on manual cheques
to write date in DD/MM/YYYY format. You can write the
date yourself in that designated area.
Computer Cheques (Laser/Continuous)
date (DD/MM/YYYY) on these cheques is printed by your
accounting software, rather you manually writing it.
The accounting software prints the date automatically
on the designated space. Therefore, no boxes are provided
on those cheques.
The boxes are provided on manual cheques only.
We have noticed that there is a major confusion in mind of customers about understanding new regulations:
For your information there are several changes
in look of Cheques.
- Physical Change: Maple has changed Front and back of Cheques completely to meet new CPA compliance effective June 30, 2007.
- Software Change: Customer must contact their Software developer to get new CPA – 2007 compliant update.
If your software does not print Date, Amount Pay to: at certain location on your Cheque your Cheque will not meet CPA compliance. To pass CPA compliance, your Cheques must be up-dated with (Physical Change done by Maple and Software Change done by customer)
For Testing: Print a Laser Cheques with your current software and compare with our Laser Cheque shown above. Does Date and amount print similar
to sample shown above? (note the items printed in the yellow area)
**Many customers are sending Cheques printed by Maple to their bank to get them approved for CPA compliance. ( All Cheques printed by Maple Printing are guaranteed to meet new CPA Compliance. Cheques sent to Bank for approval are no good if your Software is not being up-dated. )
changes to the cheque specifications include: Adoption
of a numeric date field in one of two specified
formats (MMDDYYYY or DDMMYYYY). Field indicators
must be printed below the date field to indicate
which format is being used. A mandatory serial
number in the MICR line encoded on the bottom of
the cheque (until now the serial number has been
optional) An increase in the minimum length of
a cheque from 6" to 6¼" to ensure there is
sufficient space to accommodate the mandatory serial
number in the MICR line Standardized positions
for key fields on the cheque, such as the date
field and the amount in figures Disallowance of
elements that may hinder the capture of images
or data from the cheques (e.g. inverse printing,
italics or slanted fonts, a bottom border printed
below the MICR line and the use of black carbon
on the reverse of cheques will not be permitted)
New printing requirements on the reverse of the
cheque so that image capture can be verified A
provision to ensure that security features like
holograms do not interfere with key data or "areas
Some revisions to technical specifications to ensure
high quality images can be captured
cheques must conform to the new specifications
by June 30th, 2007.